Xmet Engages Asinii Drilling to Commence Blackflake Drill Program
Marketwire - Fri Mar 28, 12:17PM CDT
Xmet Inc. ("Xmet" or the "Company") (TSX VENTURE: XME) is pleased to announce that it has entered into a contract with Asinii Drilling Inc. to start drilling on the Company's 100% owned Blackflake Project. Line cutting has now been concluded and ground geophysics, referenced in Xmet's March 20, 2014 news release, is continuing.
Xmet Commences Ground Geophysics on Its 100% Owned Blackflake Project and Expands Land Package as a Result of EM Survey
Marketwire - Thu Mar 20, 7:19PM CDT
Xmet Inc. ("Xmet" or the "Company") (TSX VENTURE: XME) is pleased to announce that it has engaged Abitibi Geophysics to commence the ground geophysical program on the 100% Xmet owned Blackflake project. The program will include Ground Magnetic and Induced Polarization surveys and is aimed delineating Xmet's first target for the upcoming drill program.
Xmet President and Directors to Host PDAC Seminar on Alternative Financing for Junior Resource Companies
Marketwire - Fri Feb 28, 7:18AM CST
Xmet Inc. ("Xmet" or the "Company") (TSX VENTURE: XME) is pleased to announce that Xmet's President and Director, Stephen Stewart and Independent Director Jean-Pierre Colin of Capital Markets Strategies will be co-chairing a discussion titled 'Alternative Financing Sources for Junior Resource Companies'. The company would like to invite all PDAC attendees to join event on Wednesday March 5th beginning at 9:00am in Room 714 of the South Building of the Metro Toronto Convention Centre.
Xmet Completes 3rd Airborne EM Survey, Discovers Two New Large Conductive Anomalies and Further Delineates Its Prime Target
Marketwire - Mon Feb 24, 6:33AM CST
Xmet Inc. ("Xmet" or the "Company") (TSX VENTURE: XME) has successfully completed a Versatile Time Domain Electromagnetic Surveying ("VTEM") survey, comprising 437 line kilometres, over 20,000 acres of recently staked 100% owned Xmet claims on its Blackflake project.
Xmet Announces Closing of Hard Dollar Financing of $400,040 to Institutional Funds
Marketwire - Wed Feb 19, 1:59PM CST
Xmet Inc. (TSX VENTURE: XME) ("Xmet") is pleased to announce that, subject to acceptance of the TSX Venture Exchange, it has completed a non-brokered private placement of $400,040 in hard dollars. Xmet will issue units to the investors, with each unit consisting of one common share and one common share purchase warrant for 11 cents per unit. Each warrant entitles the holder thereof to acquire one common share of Xmet at a price of $0.175 at any time until August 19, 2015.
Xmet Engages Aeroquest to Fly Deep Penetrating VTEM Electromagnetics Over 20,000 New Acres on its Blackflake Project
Marketwire - Tue Feb 04, 7:59AM CST
Xmet Inc. (TSX VENTURE: XME) ("Xmet") is pleased to announce that it has engaged Aeroquest International to complete a new round of Versatile Time Domain Electromagnetic ("VTEM") and Magnetic Gradiometer Survey on its newly acquired 20,000 acres of 100% owned claims which expanded Blackflake's total area to 29,400 acres. The airborne survey will begin in the next few days.
Xmet Files for Exploration and Drilling Permits and Stakes Additional 8,000 Acres to Expand Land Package to Over 29,000 Acres on Its Blackflake Project
Marketwire - Thu Jan 30, 8:27AM CST
Xmet Inc. (TSX VENTURE: XME) ("Xmet") is pleased to announce that it has filed for Exploration and Drilling permits and expects to receive approval from Ontario's Ministry of Northern Development and Mines to begin further exploration work this February.
Xmet Signs Exploration Agreement with Constance Lake First Nation on its Blackflake Project
Marketwire - Fri Jan 24, 8:21AM CST
Xmet Inc. (TSX VENTURE: XME)(OTCQX: XMTTF) ("Xmet") is pleased to announce that it has signed an exploration agreement effective January 23, 2014 (the "EA") with the Constance Lake First Nation ("CLFN") which will enable the exploration and development of Xmet's Blackflake project located northwest of Hearst, Ontario.
Xmet More Than Doubles Its Land Position as a Result of the Conductive Anomalies it has Discovered on Its Blackflake Project
Marketwire - Mon Jan 06, 7:38AM CST
Xmet Inc. (TSX VENTURE: XME)(OTCQX: XMTTF) ("Xmet") is pleased to announce that it has staked an additional 298 claim units immediately adjacent to its existing land package that comprises the Blackflake Project bringing its total land package to over 21,000 acres.
Xmet Closes Final Tranche of Financing for Total Proceeds of $700,000 to Proceed with Development of its Blackflake Project
Marketwire - Thu Jan 02, 10:30AM CST
Xmet Inc. (TSX VENTURE: XME)(OTCQX: XMTTF) ("Xmet") is pleased to announce that, subject to the acceptance of the TSX Venture Exchange (the "Exchange"), it has closed a second and final tranche of a non-brokered private placement offering of 1,600,000 common shares and 120,000 share purchase warrants in the capital of Xmet at a price of $0.125 per Share for aggregate gross proceeds of $200,000 (the "Second Closing"). The Second Closing was composed of 1,360,000 common shares issued on a flow through basis and 240,000 units issued on a non-flow through basis, with each unit composed of one common share and one half of a common share purchase warrant entitling the holder to purchase one common share at $0.19 for one year from closing. Certain directors and officers of Xmet participated in the final tranche of the financing.